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Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9 % . Use the ordinary interest method. (
Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of Use the ordinary interest method. Use Days in a year table.
Note: Do not round intermediate calculations. Round your final answers to the nearest cent.
tabletableFace valueprincipaltableRate ofinteresttableLength ofnotetableMaturityvaluetableDate ofnotetableDate notediscountedtableDiscountperiodBank discount$ days,,June July
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